Posts in category Business Standard
Stocks to Watch: Reliance, Tata Consumer, Biocon, TCS, REC,Som Distilleries (07-09-2023)
Stocks to Watch on September 7, 2023: Tata Consumer Products has refuted reports that said it is in talks to acquire a majority 51 per cent stake in Haldiram's
Stock Market LIVE: Asia cautious after weak Wall St show; Brent nears $91 (07-09-2023)
Stock market LIVE updates, September 7, 2023: Back home, global cues, stock-specific action, rising dollar index, and weekly F&O expiry will guide the markets
Sensex soars 385 pts, ends atop 66K; Nifty reclaims 19,700; L&T, banks lead (07-09-2023)
CLOSING BELL ON SEPTEMBER 07, 2023: The S&P BSE benchmark index has now gained 1,434 points, and the Nifty 473 points in the last five straight trading sessions.
Sell Nifty Auto index on rise as charts show bearish near-term trend (07-09-2023)
The pivot level for this month, for example, is at 15,550, further supporting the case for a potential downward move in Nifty Auto index
Sell Nifty Auto index on rise as charts show bearish near-term trend (07-09-2023)
The pivot level for this month, for example, is at 15,550, further supporting the case for a potential downward move in Nifty Auto index
Markets log 4th day of gains on buying in HDFC Bank, Asian markets (06-09-2023)
Fag-end buying helped the BSE Sensex climb 100.26 points or 0.15 per cent to settle at 65,880.52
Facility of online payments to Sebi’s investor protection fund operational (06-09-2023)
Capital markets regulator Sebi on Wednesday said it has started the mechanism for making online payments to its Investor Protection and Education Fund (IPEF).
The use of online only mode has been made mandatory and the facility is now active under the tab "click here to make payment to Sebi IPEF" on the regulator's website.
The move is aimed at streamlining the payment process and enhance accessibility for all the contributors to the fund.
Intermediaries can now make payments to IPEF conveniently using various payment methods, including net banking, NEFT/RTGS, debit cards, and UPI.
Henceforth, the remittances to Sebi IPEF shall be made only through the website link, by providing the requisite information like name of the payer, PAN, mobile number, email ID, the purpose for which payment is made, the amount to be paid, etc, Sebi said in a release.
On Monday, the markets regulator came out with a circular that crediting of funds to its IPEF can be done only online and via a link giv
IMF, FSB to lay down crypto regulation framework for G20 discussion (06-09-2023)
On international taxation, the sources state that India under the G20 Presidency has recommended
a pillar taxation system on
international taxation
Ratnaveer Precision Engineering IPO subscribed 93.96 times on last day (06-09-2023)
The Initial Public Offering (IPO) of Ratnaveer Precision Engineering Limited was subscribed 93.96 times on the last day of subscription on Wednesday, riding high on encouraging participation from institutional investors.
The company is a stainless steel washer manufacturer and supplier.
The share sale received bids for 110.76 crore shares against 1.17 crore shares on offer, as per NSE data.
The portion for non-institutional investors was subscribed 135.20 times and that of Qualified Institutional Buyers (QIBs) received 133.05 times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 53.95 times.
The IPO was a combination of fresh issue and offer for sale.
The public issue of 1,68,40,000 equity shares had a fresh issue of 1,38,00,000 equity shares and an offer for sale of up to 30,40,000 equity shares.
Price range for the offer was Rs 93-98 a share.
Unistone Capital was the manager to the offer.
Rupee settles near all time low of Rs. 83.14 as dollar index rises (06-09-2023)
The dollar index rose to 104.86, weighing on the Indian unit. The dollar index measures the strength of the greenback against a basket of six major currencies